Whenever the cost of a commodity decreases, a surge in purchases is inevitable. This phenomenon was evident in the case of
Bitcoin
. As BTC plummeted below $67,000, buyers swiftly entered the market. This uptick in buying activity marked the second-largest spike in the past two months. The question arises: what fueled this resurgence in purchasing interest? Could it be driven by the fear of missing out on a lucrative chance, or perhaps a quest for bargains? The answer is not straightforward, but it appears that economic forces have played a significant role in shaping these trends.
